Sage Investment Advisers LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 4, 2024), Sage Investment Advisers LLC reported 74 stock positions worth $95.5 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 11.0% of the portfolio, followed by Visa Class A (V, 5.8%) and iShares Gold Trust (IAU, 4.8%). Compared with Q2 2024, it opened 7 new positions, sold out of 2, added to 35 and reduced 25. The biggest buy was Intl Business Machines (IBM, shares +16%) and the biggest sale Churchill Downs (CHDN, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- WAPPINGERS FALLS, NY
- CIK
- 0001925418
- Portfolio Value
- $95.5M (Q3 2024)
- SEC Filing
- 0001951757-24-001163 ↗ filed Nov 4, 2024
Holdings Value
Holdings 74 stocks · $95.5M
| VOO Vanguard S&P 500 ETF | 11.03% | 19,971 | $10.5M | Add +2.2% |
| V Visa Inc. Class A | 5.76% | 19,990 | $5.5M | Reduce -2.5% |
| IAU iShares Gold Trust | 4.79% | 92,080 | $4.6M | Reduce -1.8% |
| CHDN Churchill Downs Inc. | 3.82% | 26,985 | $3.6M | Reduce -3.0% |
| VGSH Vanguard Short-Term Treasury | 3.71% | 60,007 | $3.5M | Add +9.9% |
| CVX Chevron Corp. | 3.58% | 23,229 | $3.4M | Reduce -0.1% |
| BSV Vanguard Short-Term Bond ETF | 3.27% | 39,652 | $3.1M | Reduce -0.1% |
| IVW iShares S&P 500 Growth ETF | 3.26% | 32,524 | $3.1M | Reduce -1.8% |
| JPM JPMorgan Chase & Co. | 3.12% | 14,135 | $3.0M | Add +0.7% |
| IVE iShares S&P 500 Value ETF | 3.10% | 15,017 | $3.0M | Add +4.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 3.03% | 13,084 | $2.9M | Add +15.6% |
| LMT Lockheed Martin Corp. | 2.74% | 4,479 | $2.6M | Reduce -14.0% |
| VXUS Vanguard Total Intl Stock | 2.52% | 37,184 | $2.4M | Add +2.4% |
| AAPL Apple Inc. | 2.48% | 10,173 | $2.4M | Add +7.3% |
| QQQ Invesco QQQ Trust Series 1 | 2.43% | 4,746 | $2.3M | Reduce -0.6% |
| GLD SPDR Gold Shares | 2.25% | 8,844 | $2.1M | Add +1.1% |
| MLM Martin Marietta Materials | 2.23% | 3,950 | $2.1M | Reduce -3.3% |
| VIG Vanguard Dividend Apprec ETF | 1.91% | 9,210 | $1.8M | Add +1.3% |
| IYY iShares Dow Jones U.S. ETF | 1.75% | 11,956 | $1.7M | Add +0.2% |
| SCHD Schwab US DVD Equity ETF | 1.73% | 19,572 | $1.7M | Add +2.4% |
| SCHA Schwab US Small-Cap ETF | 1.60% | 29,693 | $1.5M | Add +4.7% |
| WM Waste Management Inc. | 1.55% | 7,132 | $1.5M | Reduce -1.3% |
| GOOG Alphabet Inc. Class C | 1.45% | 8,254 | $1.4M | Add +1.7% |
| AMD Advanced Micro Devices | 1.43% | 8,322 | $1.4M | Add +0.9% |
| MSFT Microsoft Corp. | 1.42% | 3,157 | $1.4M | Reduce -4.3% |
| SII Sprott Inc. | 1.26% | 27,725 | $1.2M | Reduce -3.5% |
| BA The Boeing Co. | 1.13% | 7,081 | $1.1M | Add +4.4% |
| VYM Vanguard High DVD Yield ETF | 1.11% | 8,299 | $1.1M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.04% | 2,158 | $993K | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.97% | 1,607 | $922K | Add +32.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.96% | 3,229 | $914K | Add +0.7% |
| IBIT iShares Bitcoin Trust ETF | 0.94% | 24,745 | $894K | Add +3.3% |
| CSX CSX Corp. | 0.91% | 25,050 | $865K | No change |
| GOOGL Alphabet Inc. Class A | 0.87% | 4,992 | $828K | Reduce -2.6% |
| JNJ Johnson & Johnson | 0.87% | 5,108 | $828K | Add +1.3% |
| SCHM Schwab US Mid Cap ETF | 0.78% | 8,962 | $745K | Add +12.3% |
| CPER United States Copper Index | 0.70% | 23,600 | $669K | Add +26.9% |
| PLTR Palantir Technologies Inc. Class A | 0.65% | 16,700 | $621K | No change |
| NSC Norfolk Southern Corp. | 0.64% | 2,460 | $611K | Reduce -2.0% |
| ESP Espey MFG & Electronics Corp. | 0.61% | 19,282 | $580K | Reduce -1.5% |
| HD Home Depot Inc. | 0.59% | 1,388 | $562K | Add +9.7% |
| GBTC Grayscale Bitcoin Trust ETF | 0.56% | 10,500 | $530K | Reduce -0.9% |
| PG The Procter & Gamble Co. | 0.54% | 3,000 | $520K | Add +1.5% |
| SPG Simon Property Group Inc. | 0.51% | 2,907 | $491K | Add +0.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.51% | 1,502 | $484K | No change |
| VZ Verizon Communications Inc. | 0.47% | 10,043 | $451K | Add +7.5% |
| PENN Penn Entertainment Inc. | 0.46% | 23,190 | $437K | Add +1.8% |
| O Realty Income Corp. | 0.45% | 6,711 | $426K | Add +0.0% |
| BATRK Atlanta Braves Holdings in-C | 0.43% | 10,340 | $412K | No change |
| NOBL Proshares S&P 500 Dividend A | 0.36% | 3,214 | $343K | Reduce -7.7% |
| UNH Unitedhealth Group Inc. | 0.35% | 566 | $331K | Add +39.1% |
| ABT Abbott Laboratories | 0.34% | 2,835 | $323K | Reduce -1.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 7,999 | $317K | Reduce -12.1% |
| NVDA Nvidia Corp. | 0.32% | 2,506 | $304K | Add +28.8% |
| AMZN Amazon.com Inc. | 0.32% | 1,624 | $303K | Add +7.9% |
| MCD McDonald's Corp. | 0.30% | 929 | $283K | Add +8.5% |
| PFE Pfizer Inc. | 0.29% | 9,641 | $279K | Add +10.1% |
| DEO Diageo PLC-Sponsored ADR | 0.29% | 1,984 | $278K | Reduce -6.4% |
| COST Costco Wholesale Corp. | 0.28% | 307 | $272K | Add +2.3% |
| RTX RTX Corp. | 0.28% | 2,223 | $269K | New |
| MO Altria Group Inc. | 0.28% | 5,189 | $265K | Reduce -5.9% |
| ABBV Abbvie Inc. | 0.27% | 1,302 | $257K | New |
| PM Philip Morris International | 0.27% | 2,097 | $255K | New |
| CAT Caterpillar Inc. | 0.25% | 617 | $241K | Add +0.3% |
| LLY Eli Lilly & Co. | 0.25% | 266 | $236K | No change |
| PEP Pepsico Inc. | 0.23% | 1,307 | $222K | Add +1.7% |
| WMT Walmart Inc. | 0.23% | 2,708 | $219K | New |
| LDOS Leidos Holdings Inc. | 0.22% | 1,288 | $210K | New |
| FICO Fair Isaac Corp. | 0.21% | 105 | $204K | Reduce -24.5% |
| T AT&T Inc. | 0.21% | 9,143 | $201K | New |
| EVGO Evgo Inc. | 0.12% | 27,000 | $112K | No change |
| BTC Grayscale Bitcoin Mini Trust | 0.06% | 10,500 | $59K | Reduce -0.9% |
| NOK Nokia Corp.-Spon ADR | 0.05% | 10,558 | $46K | New |
| NAK Northern Dynasty Minerals | 0.00% | 13,000 | $4K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| CHDN Churchill Downs Inc. | Reduce -3.0% | 3.82% | −0.57 |
| CVX Chevron Corp. | Reduce -0.1% | 3.58% | −0.53 |
| V Visa Inc. Class A | Reduce -2.5% | 5.76% | −0.33 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.29 |
| MLM Martin Marietta Materials | Reduce -3.3% | 2.23% | −0.28 |
| INTC Intel Corp. | Sold out | 0.00% | −0.25 |
| MSFT Microsoft Corp. | Reduce -4.3% | 1.42% | −0.24 |
| IVW iShares S&P 500 Growth ETF | Reduce -1.8% | 3.26% | −0.21 |
| WM Waste Management Inc. | Reduce -1.3% | 1.55% | −0.19 |
| GOOGL Alphabet Inc. Class A | Reduce -2.6% | 0.87% | −0.19 |
| BSV Vanguard Short-Term Bond ETF | Reduce -0.1% | 3.27% | −0.17 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.6% | 2.43% | −0.16 |
| SII Sprott Inc. | Reduce -3.5% | 1.26% | −0.09 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -0.9% | 0.56% | −0.08 |
| BAC Bank of America Corp. | Reduce -12.1% | 0.33% | −0.08 |
| FICO Fair Isaac Corp. | Reduce -24.5% | 0.21% | −0.02 |
| NOBL Proshares S&P 500 Dividend A | Reduce -7.7% | 0.36% | −0.02 |
| DEO Diageo PLC-Sponsored ADR | Reduce -6.4% | 0.29% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -14.0% | 2.74% | −0.01 |
| MO Altria Group Inc. | Reduce -5.9% | 0.28% | −0.01 |
| BTC Grayscale Bitcoin Mini Trust | Reduce -0.9% | 0.06% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Reduce -0.5% | 1.11% | −0.00 |
| ABT Abbott Laboratories | Reduce -1.1% | 0.34% | +0.00 |
| NSC Norfolk Southern Corp. | Reduce -2.0% | 0.64% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.9% | 1.04% | +0.04 |
| IAU iShares Gold Trust | Reduce -1.8% | 4.79% | +0.13 |
| ESP Espey MFG & Electronics Corp. | Reduce -1.5% | 0.61% | +0.14 |
Portfolio Buys Q2 2024 → Q3 2024
| IBM Intl Business Machines Corp. | Add +15.6% | 3.03% | +0.81 |
| RTX RTX Corp. | New | 0.28% | +0.28 |
| ABBV Abbvie Inc. | New | 0.27% | +0.27 |
| PM Philip Morris International | New | 0.27% | +0.27 |
| WMT Walmart Inc. | New | 0.23% | +0.23 |
| AAPL Apple Inc. | Add +7.3% | 2.48% | +0.22 |
| LDOS Leidos Holdings Inc. | New | 0.22% | +0.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +32.3% | 0.97% | +0.22 |
| T AT&T Inc. | New | 0.21% | +0.21 |
| CPER United States Copper Index | Add +26.9% | 0.70% | +0.13 |
| IVE iShares S&P 500 Value ETF | Add +4.0% | 3.10% | +0.13 |
| VGSH Vanguard Short-Term Treasury | Add +9.9% | 3.71% | +0.13 |
| GLD SPDR Gold Shares | Add +1.1% | 2.25% | +0.12 |
| UNH Unitedhealth Group Inc. | Add +39.1% | 0.35% | +0.11 |
| HD Home Depot Inc. | Add +9.7% | 0.59% | +0.10 |
| SCHA Schwab US Small-Cap ETF | Add +4.7% | 1.60% | +0.08 |
| SCHM Schwab US Mid Cap ETF | Add +12.3% | 0.78% | +0.08 |
| SCHD Schwab US DVD Equity ETF | Add +2.4% | 1.73% | +0.05 |
| MCD McDonald's Corp. | Add +8.5% | 0.30% | +0.05 |
| NOK Nokia Corp.-Spon ADR | New | 0.05% | +0.05 |
| NVDA Nvidia Corp. | Add +28.8% | 0.32% | +0.05 |
| O Realty Income Corp. | Add +0.0% | 0.45% | +0.04 |
| VXUS Vanguard Total Intl Stock | Add +2.4% | 2.52% | +0.04 |
| VZ Verizon Communications Inc. | Add +7.5% | 0.47% | +0.04 |
| JNJ Johnson & Johnson | Add +1.3% | 0.87% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +1.3% | 1.91% | +0.03 |
| CAT Caterpillar Inc. | Add +0.3% | 0.25% | +0.02 |
| SPG Simon Property Group Inc. | Add +0.1% | 0.51% | +0.02 |
| PFE Pfizer Inc. | Add +10.1% | 0.29% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | Add +3.3% | 0.94% | +0.01 |
| COST Costco Wholesale Corp. | Add +2.3% | 0.28% | −0.00 |
| PEP Pepsico Inc. | Add +1.7% | 0.23% | −0.01 |
| PG The Procter & Gamble Co. | Add +1.5% | 0.54% | −0.01 |
| AMZN Amazon.com Inc. | Add +7.9% | 0.32% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.7% | 0.96% | −0.01 |
| VOO Vanguard S&P 500 ETF | Add +2.2% | 11.03% | −0.02 |
| IYY iShares Dow Jones U.S. ETF | Add +0.2% | 1.75% | −0.04 |
| PENN Penn Entertainment Inc. | Add +1.8% | 0.46% | −0.04 |
| AMD Advanced Micro Devices | Add +0.9% | 1.43% | −0.08 |
| JPM JPMorgan Chase & Co. | Add +0.7% | 3.12% | −0.09 |
| GOOG Alphabet Inc. Class C | Add +1.7% | 1.45% | −0.24 |
| BA The Boeing Co. | Add +4.4% | 1.13% | −0.27 |